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08-12-2022 02:16 PM | Source: Axis Captial
IPO Note - Syrma SGS Technology Ltd By Axis Captial
News By Tags | #1091 #442 #8196

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Issue highlights

* Syrma SGS Technology Limited (“Syrma”) was incorporated on August 23, 2004.

* Syrma is one of India's leading exporters of electronics, providing a high-value integrated design and production solution for internationally recognized OEMs.

* Syrma is one of the leading Electronics system design and manufacturing (“ESDM”) company with a focus on technology based solutions and Original design manufacturer (“ODM”) business. Company’s business model starts from product concept design and focuses on every segment of the overall industry value chain.

* Company’s business approach leads to continuous advancements in product technology, structure, and functional design to meet customer requirements and lead the industry in development.

* Company’s business model gives a competitive advantage at the frontend of the industry value chain which makes a value-creator and it enables them to become a driving force for developing new products and break-through technologies.

* Company’s manufacturing facilities in Tamil Nadu are placed in SEZs, allowing them to take advantage of specific tax and other incentives in relation to the products manufactured at these facilities. All the manufacturing facilities are certified, including ISO 14001 and ISO 9001.

*Syrma is the first in India to manufacture Radio Frequency Identification (“RFID”) products and continues to lead the industry. Also, the company is recognised as a leader in memory modules with deep expertise.

* The company has long standing relationships with customers, an opportunity for increased wallet share and not a single customer more than 5 %.

 

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